TORONTO, Aug. 30, 2018 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") has announced changes to the risk ratings applicable to
certain of its ETFs. The changes in risk ratings are effective
immediately and detailed in the table below:
|
ETF
|
Ticker
|
Previous Risk
Rating
|
New Risk
Rating
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
Medium to
High
|
Medium
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
Medium to
High
|
Medium
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
High
|
Medium to
High
|
|
Horizons Active US
Dividend ETF
|
HAU
|
Medium to
High
|
Medium
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
Medium to
High
|
Medium
|
|
Horizons Active Intl
Developed Markets Equity ETF
|
HADM
|
Medium to
High
|
Medium
|
|
Horizons Enhanced
Income US Equity ETF
|
HEA.U
|
Medium
|
Low to
Medium
|
|
Horizons Absolute
Return Global Currency ETF
|
HARC
|
Medium
|
Low to
Medium
|
|
Horizons Managed
Global Opportunities ETF
|
HGM
|
Medium to
High
|
Medium
|
|
Horizons Global Risk
Parity ETF
|
HRA
|
Medium
|
Low to
Medium
|
|
BetaPro S&P/TSX
60™ Daily Inverse ETF
|
HIX
|
Medium to
High
|
Medium
|
|
BetaPro S&P 500®
Daily Inverse ETF
|
HIU
|
High
|
Medium
|
No changes have been made to the investment objectives or
strategies of these ETFs as a result of the changes to the risk
ratings. A summary of the risk rating classification methodology,
investment objectives and strategies of an ETF can be found in the
ETF's most recently filed prospectus.
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. is an innovative financial
services company and offers one of the largest suites of exchange
traded funds in Canada. The
Horizons ETFs product family includes a broadly diversified range
of solutions for investors of all experience levels to meet their
investment objectives in a variety of market conditions. Horizons
ETFs has more than $10 billion of
assets under management and 83 ETFs listed on major Canadian stock
exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global Investments Group.
Horizons ETFs is a Member of Mirae Asset Global Investments.
Commissions, management fees and expenses all may be associated
with an investment in exchange traded products managed by Horizons
ETFs Management (Canada) Inc. (the
"Horizons Exchange Traded Products"). The Horizons Exchange Traded
Products are not guaranteed, their values change frequently and
past performance may not be repeated. The prospectus contains
important detailed information about the Horizons Exchange Traded
Products. Please read the relevant prospectus before
investing.
SOURCE Horizons ETFs Management (Canada) Inc.